Cool Company Ltd. (NYSE:CLCO) Shares Purchased by Barclays PLC

Barclays PLC boosted its position in shares of Cool Company Ltd. (NYSE:CLCO) by 2,551.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,791 shares of the company’s stock after purchasing an additional 46,951 shares during the period. Barclays PLC owned approximately 0.09% of Cool worth $551,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of CLCO. Donald Smith & CO. Inc. grew its holdings in shares of Cool by 2.4% during the 3rd quarter. Donald Smith & CO. Inc. now owns 3,462,769 shares of the company’s stock worth $39,095,000 after purchasing an additional 82,563 shares during the period. Public Employees Retirement System of Ohio acquired a new position in Cool in the third quarter valued at about $124,000. Granite Bay Wealth Management LLC purchased a new position in Cool during the second quarter worth about $290,000. Apollon Wealth Management LLC boosted its stake in Cool by 93.9% during the third quarter. Apollon Wealth Management LLC now owns 21,639 shares of the company’s stock worth $244,000 after buying an additional 10,482 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in shares of Cool during the third quarter valued at about $124,000. 20.66% of the stock is currently owned by institutional investors and hedge funds.

Cool Price Performance

Shares of CLCO stock opened at $8.57 on Friday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.43 and a current ratio of 0.44. The firm’s 50 day moving average price is $8.39 and its 200-day moving average price is $10.36. Cool Company Ltd. has a one year low of $6.92 and a one year high of $13.68.

Cool Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Monday, December 2nd were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 7.00%. The ex-dividend date of this dividend was Monday, December 2nd.

Cool Company Profile

Cool Company Ltd. engages in the acquisition, ownership, operation, and chartering of liquefied natural gas carriers (LNGCs). As of December 31, 2023, it owned a fleet of eleven LNGCs, including seven modern tri-fuel diesel electric vessels; two modern 2-stroke and two TFDE vessels; and managed 17 LNGCs and floating storage and regasification units for third parties.